Benchmark Dutch front-month futures dropped as much as 7.8% to 144 euros per megawatt-hour, the lowest intraday since July 1.

Europe's gas price benchmark, the TTF month-ahead contract, traded Oct. 7 below Eur160/MWh, more than 50% lower than peaks seen in late August.

The head of Germany's Federal Network Agency, which would be in charge of gas rationing in the event of a supply emergency, repeated his warning a week ago that consumption was too high.

Excluding Russia's share of Kazakhstan's CPC Blend exports, Russian crude exports averaged 2.99 million b/d in the month, down 290,000 b/d on the August levels and lowest since September 2021 when global oil demand was still recovering from pandemic lockdowns

To take the group private, the French government will spend €9.7bn, including transaction costs.

European countries should guard against distorting the common market with billions in state support and must maintain a level playing field

Germany is rushing to minimize the impact of surging energy costs after Russia curtailed supplies of natural gas in retaliation for sanctions imposed after its invasion.

RoPower Nuclear will take steps towards deploying the first NuScale VOYGR-6 (462MWe) power plant in Romania this decade.

The UK government has said it is currently scouring the market for potential gas import deals as part of a new supply security push.

Gazprom PJSC said it has found a solution with Italian buyers to overcome the regulatory changes in Austria at the end of September that were preventing transit flows,

Energy company EDF intends to build the reactors at three existing NPP sites: two in Penly, in the Seine-Maritime administrative department, two in Gravelines, in northern France, and two either in Bugey, in eastern France, or in Tricastin, in the south of France.

The technical objectives of STEP are: to deliver predictable net electricity greater than 100 MW; to innovate to exploit fusion energy beyond electricity production; to ensure tritium self-sufficiency; to qualify materials and components under appropriate fusion conditions; and to develop a viable path to affordable lifecycle costs.

"If a decision is made to start deliveries through Nord Stream 2's line B, natural gas will be pumped into the pipeline after the integrity of the system has been checked and verified by supervisory authorities," it said.

The current gas crisis also casts longer-term uncertainty on the prospects for natural gas, especially in developing markets where its use was expected to rise at least in the medium term as it replaced other higher-emission fossil fuels.

The halt in deliveries to Italy is the latest disruption to Russian gas flows to Europe after supplies were already halted via the Yamal-Europe and Nord Stream pipelines earlier this year and deliveries via Ukraine sharply curtailed.